SoftBank has divested its $5.8 billion Nvidia stake, redirecting those funds toward its growing investment in OpenAI. The shift highlights how the conglomerate is refocusing from hardware manufacturing to AI-driven applications.
The company’s latest quarterly report showed profits of 2.5 trillion yen, up 120% year-on-year. This surge was largely attributed to rising valuations in its AI portfolio.
CFO Yoshimitsu Goto clarified that the Nvidia sale was purely strategic. “To fund over $30 billion in OpenAI investments, we needed to unlock value from existing holdings,” he said.
Nvidia shares dropped 3.5% following the announcement, dragging down the broader Nasdaq Composite and other AI-related stocks like Arm and Micron.
SoftBank’s pivot signals a broader shift in global capital flows toward AI models and platforms. The company’s bet on OpenAI aligns with founder Masayoshi Son’s long-standing vision of a future powered by intelligent machines.